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Jul 11, 2011
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mcconnell also said to you that a big $4 trillion bargain, that is big, and that's what obama wants, is off the table. here is what he said regarding the damming impact it would have on jobs. you might find this interesting if you missed it. listen. >> everything they've told me and the speaker is that to get a big package would require big tax increases in the middle of the economic situation that is extraordinarily difficult with 9.2% unemployment. it's a terrible idea. it's a job killer. julie: do you feel the american majority feels that this would be a job killer? >> reporter: i think that republicans point back to the november elections and say they were elected not to raise taxes, and to cut spending and to overall cut the size and scope of government. that's what they see the mandate was from november 2010. as far as the increases you heard the president say today that he wants increases down the road in 2013, nothing right now arguing that the economy will be in better shape. politically at the end of that news conference was really i think the president lifting the curtain
mcconnell also said to you that a big $4 trillion bargain, that is big, and that's what obama wants, is off the table. here is what he said regarding the damming impact it would have on jobs. you might find this interesting if you missed it. listen. >> everything they've told me and the speaker is that to get a big package would require big tax increases in the middle of the economic situation that is extraordinarily difficult with 9.2% unemployment. it's a terrible idea. it's a job...
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Jul 18, 2011
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i mean you're talking big numbers then. and you had erskin bowles, democrat, he headed up the president's deficit and debt commission. he says if you just do $2 trillion that is not going to solve the big problem for the markets. it's an interesting problem. jon: yeah, and looking at the building over your shoulder there it doesn't seem like there are a lot of, i don't know, real winners coming out of this at this point. i don't see any real winners in the white house unless, i don't know, maybe somehow they come to some agreement that makes everybody happy, but it seems like nobody is happy right now. who are the winners and losers as this arguing goes on? >> reporter: no, this has not been a profile of courage these past few weeks. and to be honest with you, if you start looking at polls about antiincumbent feeling, this could be the biggest antiincumbent election coming up, throw both of them out, you know, the blame could go both sides -- jon: a pox on both your parties. >> reporter: that's exactly. that's the feeling,
i mean you're talking big numbers then. and you had erskin bowles, democrat, he headed up the president's deficit and debt commission. he says if you just do $2 trillion that is not going to solve the big problem for the markets. it's an interesting problem. jon: yeah, and looking at the building over your shoulder there it doesn't seem like there are a lot of, i don't know, real winners coming out of this at this point. i don't see any real winners in the white house unless, i don't know,...
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Jul 26, 2011
07/11
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jon: a fox business alert for you now and some big reeds on the -- big reads on the economy today. two of those on the housing market. new home sales falling 1% last month hitting record lows in parts of the northeast and the west. but there's one bright spot. home prizes rose for a second straight month in may helped by spring buying. prices rose in 16 of the 20 cities surveyed. meantime, consumer confidence slightly herer in july, up to 59.5 from june's 57.6 but still well below 90, and that's what it takes to indicate a healthy economy. so far the markets seem more focused on company earnings than the debt crisis. the dow down slightly right now, about 55 points, but eventually the markets will react to the lack of a debt deal. fox business network's rich edson live from washington with more on that. rich? >> reporter: well, jon, it stands on two different proposals right now, one pushed by republicans, the second -- naturally -- pushed by democrats. first off, to the senate plan, something offered by senate majority leader harry reid. cuts $2.7 trillion over ten years and then
jon: a fox business alert for you now and some big reeds on the -- big reads on the economy today. two of those on the housing market. new home sales falling 1% last month hitting record lows in parts of the northeast and the west. but there's one bright spot. home prizes rose for a second straight month in may helped by spring buying. prices rose in 16 of the 20 cities surveyed. meantime, consumer confidence slightly herer in july, up to 59.5 from june's 57.6 but still well below 90, and...
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Jul 5, 2011
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there is one big change they are looking at. it's how a company detubgts the parts for its products and computes its profits . that would yield 70 billion over ten years. the small business administration of the obama administration warned that would result in tax increases for small business that could ultimately, quote, force many small businesses to close, and they are the ones that create most of the jobs in the country. that's why republicans argue tax changes should happen outside these shots and in comprehensive tax reform discussions, but the president tphaoetd needs revenul spending cuts to democrats, and that's where things stand right now. jon. apbz a search is expanding off mexico's baja, california after a fishing trip went deadly wrong. a search continues for 7 missing tourists missing at sea. jon: rick perry breaking quarterly fundraising records. what does it mean for a possible white house run for the texas governor? we'll take a look in our political power play just ahead. let's go to rick folbaum at the.com wa
there is one big change they are looking at. it's how a company detubgts the parts for its products and computes its profits . that would yield 70 billion over ten years. the small business administration of the obama administration warned that would result in tax increases for small business that could ultimately, quote, force many small businesses to close, and they are the ones that create most of the jobs in the country. that's why republicans argue tax changes should happen outside these...
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Jul 7, 2011
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jon: a big meeting about a big problem at the white house, it's underway right now, the debt crisis and efforts to come to some kind of agreement before the government goes into default. will the president and congress at leaders be able to make tough decisions? also which side comes out the winner in karl rove is here, he'll be along to weigh in in just a few minutes. alisyn: here on "happening now", you get to pick which story you most want to see. rick is at the dot com wall with today's choices. >> reporter: this is where the viewers get to decide what we report. you can go to the home page for "happening now" at foxnews.com, here are the stories you can choose from. we like all of them, which one do you like best? the annual running of the bulls, always a fun story out of spain, a couple people injured, one guy broke his nose. we'll have more on that if you decide. >>> also rescuers are trying to keep about 150 elephants where they are. why is that so important? we'll explain, if you decide you want to hear about that. >>> or how about the guy that stole the picasso? wow, that's qu
jon: a big meeting about a big problem at the white house, it's underway right now, the debt crisis and efforts to come to some kind of agreement before the government goes into default. will the president and congress at leaders be able to make tough decisions? also which side comes out the winner in karl rove is here, he'll be along to weigh in in just a few minutes. alisyn: here on "happening now", you get to pick which story you most want to see. rick is at the dot com wall with...
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Jul 21, 2011
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texas is a big state, has a lot of people in it. for a governor who hasn't even announced he's running, hasn't decided whether he's running, to come in with 39% of the vote in a thee receipt tech le theoretie president, those are pretty good numbers, don't you think, scott. >> much of this polling data is a reflection on the incumbent president rather than any challenging. no matter who we put against the president he attraction that number. jon: when you put michelle bachman in there she got 39% of the votes. the slight difference here is that president obama's number went up slightly to 46% versus 44% for perry. but she has the same number he has. >> again, she is considered one of the leading candidates. you'd have to say that mitt romney, perry and bachman are the top three right now. the odds are better than 50-50 that one of them will be the republican nominee. there are interesting differences in the dynamics, michelle bachman does much better among men, and rick perry a again women. jon: generally, i mean the more interestin
texas is a big state, has a lot of people in it. for a governor who hasn't even announced he's running, hasn't decided whether he's running, to come in with 39% of the vote in a thee receipt tech le theoretie president, those are pretty good numbers, don't you think, scott. >> much of this polling data is a reflection on the incumbent president rather than any challenging. no matter who we put against the president he attraction that number. jon: when you put michelle bachman in there she...
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Jul 20, 2011
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that is a big problem. and by the way we saw major economists, housing economist yesterday say that he predicts another 10 to 20% decline in housing values, which means more foreclosures. if people lose equity in their house. jenna: we're hearing one of the reasons why some of these sales aren't happening it is not necessarily no one is shopping but we're seeing deals fall through. contracts get canceled. >> yep. jenna: why are we seeing that? >> i think it's the kind of panic that's happened in the economy over the last month or so, jenna. looked like the first four months of this year the economy was really picking up steam. and then we of course hit that speed bump and let's hope it is just a speed bump. i think people are frightened to take on this new debt. by the way, jenna, if i may, this story ties into the other story you innings ined about what is happening with the debt ceiling. if we have downgrade on our debt and if we can't deal with this enormous $14.3 trillion debt and bring it down then the
that is a big problem. and by the way we saw major economists, housing economist yesterday say that he predicts another 10 to 20% decline in housing values, which means more foreclosures. if people lose equity in their house. jenna: we're hearing one of the reasons why some of these sales aren't happening it is not necessarily no one is shopping but we're seeing deals fall through. contracts get canceled. >> yep. jenna: why are we seeing that? >> i think it's the kind of panic...
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Jul 25, 2011
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you've got to go where the big spending programs are. rising health care costs are the largest and fastest growing area of spending, bar none. that's why i've been an advocate of changing the way we pay for health care so it's based on the value. and we also need to scrub the defense budget. we have weapons systems that the pentagon keeps telling congress, stop appropriating money for these systems. we don't want 'em, we don't need 'em, they're not helping with defense readiness, and they're nonsensical. and i've been one of the leaders on farm bill reform, too, ending the huge taxpayer subsidies going to large agribusiness. it's not fiscally responsible, and that, too, should be in the mix. jenna: we'll see if we can get some of these big things done. that seems to be what you're going for, and we'll see if it can get done. thank you for joining us today. >> thank you. jon: we are awaiting an important meeting of house republicans. we're just getting word that speaker john boehner will unveil another plan to control the ballooning debt
you've got to go where the big spending programs are. rising health care costs are the largest and fastest growing area of spending, bar none. that's why i've been an advocate of changing the way we pay for health care so it's based on the value. and we also need to scrub the defense budget. we have weapons systems that the pentagon keeps telling congress, stop appropriating money for these systems. we don't want 'em, we don't need 'em, they're not helping with defense readiness, and they're...
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Jul 12, 2011
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but it's being overridden by all these big government programs. greg: thanks very much. you can get a lot more of david later on today on the fox business network. tune in at 4:00pm eastern time when he he hosts bulls and bears with liz claiman. don't miss america's nightly scoreboard which he hoes at 9:00pm, it's a great show, i love watching it. david, thanks. patti ann: new controversy over gun control. the obama administration is rolling out new rules. they require gun dealers along the southern border to report what they sell to the federal government. some lawmakers are fighting back. they say the white house is over stepping its bounds, and taking power away from song. shannon bream is live in washington with more on this for us. >> reporter: well the administration is steadily undertaking a number of smaller steps on gun control that are starting to raise questions within the gun rights community. the latest came late yesterday, an announcement by the department of justice that it will ask federally licensed gun shops to report the sales of certain guns. that mov
but it's being overridden by all these big government programs. greg: thanks very much. you can get a lot more of david later on today on the fox business network. tune in at 4:00pm eastern time when he he hosts bulls and bears with liz claiman. don't miss america's nightly scoreboard which he hoes at 9:00pm, it's a great show, i love watching it. david, thanks. patti ann: new controversy over gun control. the obama administration is rolling out new rules. they require gun dealers along the...